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OneStack has secured twelve point five crore rupees in a funding round led by Shepherd’s Hill. The capital will support its efforts as cooperative banks integrate onto the National Payments Corporation of India network.
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The Income Tax Appellate Tribunal in Rajkot dismissed an application seeking to recall an order related to Section 80P deductions. The tribunal held that no apparent mistake existed on the face of the record to warrant a recall.
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The market regulator has introduced a settlement approach addressing financial losses that no longer exist. The mechanism deals with regulatory proceedings tied to past market infractions.
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Vishal Fabrics shares opened at sixteen rupees and fifteen paisa on the National Stock Exchange and touched an intraday high of sixteen rupees and ninety paisa on November 4. The stock advanced over three percent following the release of its financial results for the second quarter of fiscal year 2026.
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The Income Tax Appellate Tribunal in Rajkot ruled that the Central Processing Centre cannot disallow Section 80P deductions through adjustments on belated returns for assessment year 2019-20. The decision limits automated processing adjustments on specific tax claims.
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The Income Tax Appellate Tribunal in Rajkot held that tax authorities cannot invoke rectification powers to alter a reasoned decision regarding Section 80P deductions. The ruling protects previously adjudicated appellate findings.
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The Supreme Court declined to remit an arbitration dispute back to the tribunal because the original award lacked essential findings. This decision reinforces the legal boundaries governing how courts handle incomplete arbitral determinations.
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The Income Tax Appellate Tribunal in Rajkot ruled that tax authorities cannot request a substantive review of an order by filing a rectification application. The bench clarified that Section 254(2) permits correction of apparent mistakes only, rather than re-evaluating merits.
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Gold prices dropped 22 percent from their peak prior to Dhanteras, even as early Democratic gains in the United States midterm elections weakened the dollar and pushed bullion up by about 2 percent. However, continuing worries over higher interest rates and inflation keep downward pressure on the metal, though domestic festive and wedding demand provides some market support.
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Democratic candidates flipped the Senate after securing victories in the House during the 2026 United States midterm elections. Live updates tracked competitive legislative races across states including Texas, Georgia, Ohio, and Minnesota.
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Meta Platforms is raising fifteen billion dollars via a five-part bond offering. The capital will finance expanding artificial intelligence infrastructure investments.
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A Korean entrepreneur launched Got Tea in India with an initial investment of five lakh rupees and now targets a one hundred crore rupee revenue milestone. The brand has expanded its footprint across the domestic beverage market.
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